Blackstone affiliate secures nod for stake buy in India’s Federal Bank
The Reserve Bank of India (RBI) has authorised Asia II Topco XIII, an affiliate of Blackstone based in Singapore, to…
06 Feb 2026
Bank ABC moves digital-only unit to Temenos core platform
Bahrain’s Bank ABC has completed the migration of its digital-only subsidiary, ila Bank, to the Temenos core banking platform hosted on Amazon Web Services (AWS). This represents the first stage…
05 Feb 2026
Kotak Mahindra Bank to add 500 engineers amid tech push – report
Kotak Mahindra Bank is preparing to recruit up to 500 engineers to strengthen technology infrastructure, reported Bloomberg. Chief technology officer Bhavnish Lathia said the bank is looking to hire from large technology firms and other…
05 Feb 2026
US Fed delays stress test updates until 2027
The US Federal Reserve Board has decided to retain existing bank stress capital buffer requirements through 2026, delaying updates until 2027 to incorporate public feedback into revised testing models. It…
05 Feb 2026
UK current account switching dips by 11.4% in 2025
As ever, the quarterly UK current account switching statistics are a must read. Taking the positive metrics first: In the fourth quarter of 2025, the Current Account Switch Service reported…
04 Feb 2026
Indian central bank mulls new approach to lender supervision
India’s central bank is exploring changes to its supervisory framework for lenders, transitioning from traditional compliance checks to a more detailed review of banks’ operations, reported Bloomberg citing sources. According…
04 Feb 2026
Santander seals $12.2bn deal to acquire Webster
Spain’s Banco Santander has agreed to purchase Webster Financial, the parent company of Webster Bank, in a $12.2bn deal. Under the agreed terms, each Webster shareholder will receive $48.75 in…